The team is seeking $16 million in bonus money they paid to the disgraced quarterback, according to an ESPN report.

The team believes Vick's guilty plea to federal dogfighting charges violates his 10-year, $130 million contract he signed in December 2004, according to ESPN. The case will be argued in a hearing Thursday, sources told ESPN.

RICHMOND, Va. - Atlanta Falcons quarterback Michael Vick surrendered to U.S. marshals Monday, three weeks before his sentencing on a dogfighting charge and was being held in a regional jail.

Vick is scheduled to be sentenced Dec. 10 on the dogfighting conspiracy charge, but turned himself in because he was anticipating a prison term, according to a court document. Vick could be sentenced to up to five years in prison.

Vick is being held at Northern Neck Regional Jail in Warsaw until his sentencing, U.S. marshals told The Associated Press. The mixed-gender facility houses about 450 inmates.

The order filed in U.S. District Court said “Vick has indicated his desire to voluntarily enter custody prior to his sentencing hearing. It appearing appropriate to do so, the U.S. Marshal is ordered to take custody of the Defendant immediately upon his surrender.”

The order added that Vick was taken into custody “based solely on his desire to begin his period of incarceration prior to his sentencing hearing and not because of violation of any condition of his bond.”

Suspended Atlanta Falcons quarterback Michael Vick has agreed to set aside close to $1 million to pay for the care of the 54 pit bulls seized from his dog fighting operation.

In court documents obtained by the Atlanta Journal-Constitution, Billy Martin, one of Vick's attorneys, said Vick will deposit $928,073 on Friday into an escrow account controlled by Martin's Washington law firm.

The money is being set aside "to pay whatever restitution amount is ultimately ordered in this case," a court filing said, according to the Journal-Constitution.

In court papers filed last week, the government asked U.S. District Judge Henry Hudson to issue a restraining order that essentially would freeze the money to fulfill Vick's legal obligation to cover the costs of caring for the dogs and finding homes for them.

Vick faces a prison term of up to five years when he is sentenced Dec. 10 on a federal dog fighting conspiracy conviction. He voluntarily began serving his prison term on Nov. 19 in Warsaw, Va.

The pit bulls were confiscated from his Bad Newz Kennels property in Surry County.

On Tuesday, a judge scheduled for April 2 a jury trial on state dog fighting charges.

The dogfighting operation known as Bad Newz Kennels operated since 2001 on Vick's 15-acre spread in Surry County. A drug investigation of a Vick relative led authorities to the property, where they found more than 50 pit bulls and equipment commonly used in dogfighting.